Business Travel Market Report 2026: Global Revenues Reached $1 Trillion in 2025, Led by American Express Co., Delta Air Lines, United Airlines, Lufthansa, and British Airways
Dublin, April 29, 2026 (GLOBE NEWSWIRE) -- The "Business Travel Market Report 2026" has been added to ResearchAndMarkets.com's offering.
The business travel market is experiencing significant expansion, with projected growth from $1.0 trillion in 2025 to $1.13 trillion in 2026 at a 12% CAGR. This rise is supported by corporate globalization, multinational business expansion, increased demand for face-to-face meetings, advancements in global air networks, and the adoption of managed travel programs. The Asia-Pacific region led the market in 2025.
In the forecast period, the market is expected to surge to $1.81 trillion by 2030 at a 12.6% CAGR, fueled by recovering corporate travel demand, investments in travel technology, cost optimization strategies, sustainable travel initiatives, and personalized travel services. Prominent trends include the use of digital management platforms, sustainable travel policies, data analytics, flexible travel models, and mobile booking integration.
A key factor in the market's growth is exhibitions, which are pivotal for businesses to interact with clients and enhance brand presence. According to UFI, the Global Association of the Exhibition Industry, as of February 2024, the exhibition sector rebounded from the pandemic downturn. Revenue for 2024 is expected to grow by 15%, signaling record highs and driving further expansion of business travel.
Innovation in travel management technology is advancing the sector, exemplified by AI-driven flight platforms that optimize booking processes. BCD Travel's launch of GetGoing in July 2023 reflects this trend, offering a comprehensive digital platform for US businesses. GetGoing integrates intuitive self-service, expert support, and real-time cost insights, streamlining travel management.
The industry is also seeing strategic acquisitions, like Reed & Mackay's acquisition of Regent International S.R.L. in June 2024. This move enhances Reed & Mackay's European presence, aligning with its strategy to expand corporate travel services. Regent International will bolster Reed & Mackay's ability to deliver tailored travel solutions across Europe.
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The companies featured in this Business Travel market report include:
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